U.S. Markets closed
  • S&P 500

    3,693.23
    -64.76 (-1.72%)
     
  • Dow 30

    29,590.41
    -486.27 (-1.62%)
     
  • Nasdaq

    10,867.93
    -198.88 (-1.80%)
     
  • Russell 2000

    1,679.59
    -42.72 (-2.48%)
     
  • Crude Oil

    79.43
    -4.06 (-4.86%)
     
  • Gold

    1,651.70
    -29.40 (-1.75%)
     
  • Silver

    18.83
    -0.78 (-3.99%)
     
  • EUR/USD

    0.9693
    -0.0145 (-1.4733%)
     
  • 10-Yr Bond

    3.6970
    -0.0110 (-0.30%)
     
  • Vix

    29.92
    +2.57 (+9.40%)
     
  • GBP/USD

    1.0857
    -0.0398 (-3.5360%)
     
  • USD/JPY

    143.3300
    +0.9950 (+0.6991%)
     
  • BTC-USD

    19,003.54
    -76.26 (-0.40%)
     
  • CMC Crypto 200

    434.61
    -9.92 (-2.23%)
     
  • FTSE 100

    7,018.60
    -140.92 (-1.97%)
     
  • Nikkei 225

    27,153.83
    -159.30 (-0.58%)
     

Orange Chief Initiates Internal Probe in Latest Network Outage

·1 min read
  • French telecom company Orange SA (NYSE: ORAN) Chair and CEO Stephane Richard initiated an internal investigation into this week’s network outage, which barred emergency phone calls in France, Reuters reports.

  • The report’s conclusion is estimated to arrive within a week. Orange reiterated it had resumed the network’s operations.

  • Health minister Olivier Veran was yet to establish any link between the outage and three to four deaths recorded during the period.

  • The French government and state bank Bpifrance together hold around 23% of Orange’s share capital, making the French state Orange’s biggest individual shareholder.

  • The disruption to French emergency phone services begun on Wednesday afternoon before being entirely fixed by Thursday.

  • Richard did not ascribe the outage to any attack, malicious act, human error, or maintenance issue.

  • Price action: ORAN shares traded lower by 0.16% at $12.85 on the last check Friday.

See more from Benzinga

© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.